In Episode 82 of Trade Splaining, Ardian Mollabeqiri and Robert Skidmore close out the year with an end-of-year global trade reality check.

This episode covers:

Why Europe’s energy transition is starting to hit household wallets

China’s overcapacity problem — from electric vehicles to tomato paste

Why tariffs are proving inflationary (again) and failing to cut trade deficits

How supply chains keep finding workarounds, no matter the policy

Rising debt and capital outflows facing developing economies

What “fragmentation” looks like in practice — and whether there’s a third way

No guest this time — just a wide-ranging news roundup, listener feedback, and a reminder that when pizza orders start shrinking, something bigger is going on.

🎧 Available on Apple Podcasts, Spotify, and wherever you get your podcasts.

📩 Get in touch: [email protected]

Listen responsibly.